WisdomTree Copper - EUR Daily Hedged (ECOP.MI)
Company overview
The WisdomTree Copper - EUR Daily Hedged is an Exchange Traded Commodity (ETC), entirely collateralized and compliant with UCITS regulations. Its core function is to provide investors with a total return exposure to copper futures contracts, featuring a daily Euro currency hedge. This ETC endeavors to precisely track the Bloomberg Copper Sub Euro Hedged Daily Total Return Index (BUHGDET). It achieves this by following the Bloomberg Copper Sub Euro Hedged Daily Excess Return Index and incorporating adjusted interest income, after accounting for all product-related fees and expenses. As an illustration, a 1% upward movement in the Bloomberg Copper Sub Euro Hedged Daily Total Return Index over a day would typically lead to a corresponding 1% increase in the ETC's value, prior to charges. Similarly, a 1% daily decline in the index would result in a comparable 1% decrease in the ETC's value, before fees.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
WisdomTree Copper - EUR Daily Hedged (ECOP.MI)
No price history available.
The WisdomTree Copper - EUR Daily Hedged is an Exchange Traded Commodity (ETC), entirely collateralized and compliant with UCITS regulations. Its core function is to provide investors with a total return exposure to copper futures contracts, featuring a daily Euro currency hedge. This ETC endeavors to precisely track the Bloomberg Copper Sub Euro Hedged Daily Total Return Index (BUHGDET). It achieves this by following the Bloomberg Copper Sub Euro Hedged Daily Excess Return Index and incorporating adjusted interest income, after accounting for all product-related fees and expenses. As an illustration, a 1% upward movement in the Bloomberg Copper Sub Euro Hedged Daily Total Return Index over a day would typically lead to a corresponding 1% increase in the ETC's value, prior to charges. Similarly, a 1% daily decline in the index would result in a comparable 1% decrease in the ETC's value, before fees.
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